In an interview, the former Microsoft chief told host Andrew Sorkin that he would rather invest in a company that produces products, but not in Bitcoin. What kind of product? For example, the malaria or measles vaccine. Bill mentioned this as an example.
According to the BBC, Bill Gates' interview with Andrew Sorkin was broadcast live on the audio-based app Clubhouse. Earlier, Elon Musk, CEO of electric car maker Tesla, invited Russian President Vladimir Putin to the app.
My general advice would be, if you have less money than Elon, you should be careful. Elon has a lot of money. And he is quite realistic. So I don't think his bitcoin will go up or down in a hurry.
Bill Gates, co-founder, Microsoft Corporation
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Despite the reluctance of Bill Gates, Elon Musk is obsessed with Bitcoin. He often writes about virtual currency on Twitter. Bill Gates did not ignore that either. The media had previously told Bloomberg, ‘My general advice would be, if you have less money than Elon, you should be careful. Elon has a lot of money. And he is quite realistic. So I don't think his bitcoin will rush up or down. '
A few days ago, Tesla announced that it had bought কোটি 1.5 billion worth of bitcoin. They will also accept Bitcoin as a medium of transaction in the future. Since then, the exchange rate of Bitcoin has risen by about 50 percent. However, a recent decline of 20 percent.
Apart from that, US Treasury Secretary Janet Yellen thinks that Bitcoin is a highly incompetent medium of exchange. Bill Gates has long been skeptical of bitcoin.
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